It looks like it is the month of deadpool for several services which were once popular. After Windows Live Spaces and XMarks, popular video sharing network 12Seconds.tv is now shutting down on October 22nd.

12seconds which was dubbed as the Twitter of videos, was a popular service which allowed users to record and upload 12 second videos with their friends. The service took off in the earlier stage along with Twitter, however, sadly they are now wrapping up and shutting shop.

In an email sent by Sol Lipman, the founder of 12seconds, the company stated revenue generation as the main reason on why 12seconds was shutting down;

Today we are announcing the end of 12seconds.

Why? As you probably know, everything has a life cycle. 12seconds is in its twilight. After all the new product launches and attempts at a revenue model, fundraising with VCs and late night coding sessions with Jacob hunched over his monitors – it’s time to call it. It is time to end 12seconds.

Users will be able to download all their videos in the coming weeks. Make sure to download them before October 22nd, which is when 12seconds will cease to exist.

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